Civic Intelligence

Social Capital Fund

990 • Fiscal year 2019 • EIN 47-4670143

Jan 01, 2019 to Dec 31, 2019 • Filed on May 29, 2020

Organization ProfileWWW.SOCIALCAPITALFUND.ORG
22 A StreetProvidence, RI 02907

(866) 584-3651

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

5.66x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

10.69x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

1st percentile

-377%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$75,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

17th percentile

-9.3%

Faster asset growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

59%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$659,658

Down $67,986 (-9.3%) from 2018

Net Assets

Down

-$3,072,841

Down $1,315,940 (-75%) from 2018

Liabilities

Up

$3,732,499

Up $1,247,954 (+50%) from 2018

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$349,189

Up $130,229 (+59%) from 2018

Expenses

Up

$1,665,129

Up $456,008 (+38%) from 2018

Net Income

Down

-$1,315,940

Down $325,779 (-33%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0M-$10MAssets 2016: $29,269Liabilities 2016: $603,796Net Assets 2016: -$574,5272016Assets 2017: $25,725Liabilities 2017: $792,465Net Assets 2017: -$766,7402017Assets 2018: $727,644Liabilities 2018: $2,484,545Net Assets 2018: -$1,756,9012018Assets 2019: $659,658Liabilities 2019: $3,732,499Net Assets 2019: -$3,072,8412019Assets 2020: $3,089,215Liabilities 2020: $6,134,076Net Assets 2020: -$3,044,8612020Assets 2021: $4,168,322Liabilities 2021: $7,620,531Net Assets 2021: -$3,452,2092021Assets 2022: $2,824,110Liabilities 2022: $8,680,141Net Assets 2022: -$5,856,0312022Assets 2023: $1,945,598Liabilities 2023: $8,767,447Net Assets 2023: -$6,821,8492023Assets 2024: $594,331Liabilities 2024: $9,442,955Net Assets 2024: -$8,848,6242024

Highlighted filing

2019

Assets$659,658
Liabilities$3,732,499
Net Assets-$3,072,841
Open 2019 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2016: $114,006Expenses 2016: $654,708Net Income 2016: -$540,7022016Revenue 2017: $229,677Expenses 2017: $421,890Net Income 2017: -$192,2132017Revenue 2018: $218,960Expenses 2018: $1,209,121Net Income 2018: -$990,1612018Revenue 2019: $349,189Expenses 2019: $1,665,129Net Income 2019: -$1,315,9402019Revenue 2020: $494,500Expenses 2020: $466,520Net Income 2020: $27,9802020Revenue 2021: $544,096Expenses 2021: $951,444Net Income 2021: -$407,3482021Revenue 2022: $577,819Expenses 2022: $2,981,641Net Income 2022: -$2,403,8222022Revenue 2023: $984,814Expenses 2023: $1,950,632Net Income 2023: -$965,8182023Revenue 2024: $788,908Expenses 2024: $2,815,683Net Income 2024: -$2,026,7752024

Highlighted filing

2019

Revenue$349,189
Expenses$1,665,129
Net Income-$1,315,940
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 29, 2020
Return Version
2019v5.1
Gross Receipts
$349,189
Mission and Program Overview

Mission

To support the activities of its parent organization, The Capital Good Fund.

To support the activites of it's parent organization, the capital good fund.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$696,665$0▼ $696,665
Cash and Non-Interest-Bearing Accounts$30,979$659,658▲ $628,679
Loans From Officers Directors$107,000$80,500▼ $26,500
Total Assets$727,644$659,658▼ $67,986
Liabilities
Unsecured Notes Loans Payable$1,648,820$3,494,560▲ $1,845,740
Accounts Payable and Accrued Expenses$724,345$157,439▼ $566,906
Other Liabilities$4,380$0▼ $4,380
Total Liabilities$2,484,545$3,732,499▲ $1,247,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,756,901$-3,072,841▼ $1,315,940
Total Net Assets Fund Balance$-1,756,901$-3,072,841▼ $1,315,940
Total Liabilities and Net Assets / Fund Balance$727,644$659,658▼ $67,986
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleOtherTotal
Andrew PosnerPresident$75,000$75,000

Board Members and Trustees

NameTitle
Betsy HarrisBoard Member
Ari GabinetSecretary
Jenn SteinfeldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35
Program Service Revenue
$349,154
Investment Income
$0
Other Revenue
$0
All Other Contributions
$35
Change in Net Assets
$-1,315,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$349,189
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$349,189
Total Revenue per Form 990
$349,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,324,000
Other Expenses$341,129
Total Fundraising Expense$16,504
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,324,000--$1,324,000
Fees for Services Other$148,537$18,338$16,504$183,379
Interest$157,528--$157,528
Office Expenses$166$56-$222
Total Functional Expenses$1,630,231$18,394$16,504$1,665,129

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,665,129
Total Expenses per Audited Statements$1,665,129
Total Expenses per Form 990$1,665,129
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Capital Good FundProvidence, RI501 (c) (3)TO SUPPORT ITS PARENT ORGANIZATION'S MISSION OF PROVIDING EQUITABLE FINANCIAL SERVICES$1,324,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$107,000$80,500▼ $26,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board reviews and approves the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All members of the board are required to sign an annual conflict of interest statement.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, financial statements and form 990 are available to the public through request of the ceo.”

Filing and Contact Details

Filer

Filer Name
Social Capital Fund
EIN
47-4670143
Phone
8665843651
Address
22 A STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Andrew Posner
Title
President
Phone
8665843651
Signed
2020-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Posner
Formed
2016
Legal Domicile
Ri
Voting Board Members
4
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
10 FORBES ROAD WEST, BRAINTREE, MA 02184
Preparer
Jeffrey Alvanas
Phone
7813562000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 148,537. Management and general expenses 18,338. Fundraising expenses 16,504. Total expenses 183,379.”

Party XIII

“Process has not been changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“In accordance with fasb asc 740, income taxes, scf applies the "more likely than not" threshold to the recognition and derecognition of tax positions for its consolidated financial statements. Management has evaluated scf's tax positions and has concluded that there were no uncertain tax positions that qualified for either recognition or disclosure in these consolidated financial statements. Scf files income tax returns in the u.s. Federal jurisdiction.”

Raw XML AppendixShowing 400 of 418 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0724345
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0157439
IRS990/AccountsReceivableGrp/BOYAmt0696665
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE ACTIVITES OF IT'S PARENT ORGANIZATION, THE CAPITAL GOOD FUND.
IRS990/AllOtherContributionsAmt035
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum08665843651
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022 A STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002907
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt030979
IRS990/CashNonInterestBearingGrp/EOYAmt0659658
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt035
IRS990/CYGrantsAndSimilarPaidAmt01324000
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0341129
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0349154
IRS990/CYRevenuesLessExpensesAmt0-1315940
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01665129
IRS990/CYTotalFundraisingExpenseAmt016504
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0349189
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SERVICED THE CAPITAL GOOD FUND'S GROWING SMALL-DOLLAR PERSONAL LOAN PORTFOLIO, ENSURING EFFICIENCY AND CONVENIENCE FOR THE CUSTOMER AND STRONG REPAYMENT RATES FOR THE ORGANIZATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01630231
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/FundraisingAmt016504
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018338
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0148537
IRS990/FeesForServicesOtherGrp/TotalAmt0183379
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREW POSNER
IRS990/Form990PartVIISectionAGrp/PersonNm1BETSY HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm2JENN STEINFELD
IRS990/Form990PartVIISectionAGrp/PersonNm3ARI GABINET
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt075000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt01324000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01324000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01324000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0349189
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt0157528
IRS990/InterestGrp/TotalAmt0157528
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt072
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0107000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt080500
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE ACTIVITES OF ITS PARENT ORGANIZATION, THE CAPITAL GOOD FUND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1756901
IRS990/NetAssetsOrFundBalancesEOYAmt0-3072841
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1756901
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3072841
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt056
IRS990/OfficeExpensesGrp/ProgramServicesAmt0166
IRS990/OfficeExpensesGrp/TotalAmt0222
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt04380
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREW POSNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541990
IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0349154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0349154
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0993000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0216121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0218960
IRS990/PYRevenuesLessExpensesAmt0-990161
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01209121
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0218960
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1315940
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0349154
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0800348382
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01324000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE CAPITAL GOOD FUND
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01324000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01665129
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0349189
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, SCF APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED SCF'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. SCF FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01665129
IRS990ScheduleD/TotalRevenuePerForm990Amt0349189
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0349189
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01665129
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01324000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT ITS PARENT ORGANIZATION'S MISSION OF PROVIDING EQUITABLE FINANCIAL SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE CAPITAL GOOD FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0800348382
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt022 A STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002907
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt054000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt11500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt225000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO PROVIDE OPERATING CASH SUPPORT TO OPERATIONS OFFERED BY THE GOOD FUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1TO PROVIDE OPERATING CASH SUPPORT TO OPERATIONS OFFERED BY THE GOOD FUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2TO PROVIDE OPERATING CASH SUPPORT TO OPERATIONS OFFERED BY THE GOOD FUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt054000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt11500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt225000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BETSY AND DAVIS HARRIS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JENN STEINFELD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ARI GABINET
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2BOARD SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/TotalBalanceDueAmt080500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC THROUGH REQUEST OF THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 148,537. MANAGEMENT AND GENERAL EXPENSES 18,338. FUNDRAISING EXPENSES 16,504. TOTAL EXPENSES 183,379.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PARTY XIII
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE CAPITAL GOOD FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0800348382
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE FINANCIAL SERVICES TO LOW INCOME FAMILIES BY PROVIDING SMALL LOAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt022 A STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002907
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01324000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1183379
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2349154
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE CAPITAL GOOD FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE CAPITAL GOOD FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2THE CAPITAL GOOD FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0727644
IRS990/TotalAssetsEOYAmt0659658
IRS990/TotalAssetsGrp/BOYAmt0727644
IRS990/TotalAssetsGrp/EOYAmt0659658
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt035
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016504
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018394
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01630231
IRS990/TotalFunctionalExpensesGrp/TotalAmt01665129
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02484545
IRS990/TotalLiabilitiesEOYAmt03732499
IRS990/TotalLiabilitiesGrp/BOYAmt02484545
IRS990/TotalLiabilitiesGrp/EOYAmt03732499
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1756901
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3072841
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01630231
IRS990/TotalProgramServiceRevenueAmt0349154
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0349154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0349189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0727644
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0659658
IRS990/TotReportableCompRltdOrgAmt075000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01648820
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03494560
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt022 A STREET
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002907
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.SOCIALCAPITALFUND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW POSNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08665843651
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCIAL CAPITAL FUND
ReturnHeader/Filer/BusinessNameControlTxt0SOCI
ReturnHeader/Filer/EIN0474670143
ReturnHeader/Filer/PhoneNum08665843651
ReturnHeader/Filer/USAddress/AddressLine1Txt022 A STREET
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002907
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06939873D65DE5F0006E4FFA90C8C6E409D9EA249
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09E09463B681B89E06DCB820B10070EB58815C36A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$659,658
Liabilities
$3,732,499
Net assets
-$3,072,841
Revenue
$349,189
Expenses
$1,665,129
Net income
-$1,315,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$9.44$8.85$0.79$2.82$2.03
2023Summary only. Only limited summary data is available for this year.$1.95$8.77$6.82$0.98$1.95$0.97
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$8.68$5.86$0.58$2.98$2.40
2021Summary only. Only limited summary data is available for this year.$4.17$7.62$3.45$0.54$0.95$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$6.13$3.04$0.49$0.47$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.66$3.73$3.07$0.35$1.67$1.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$2.48$1.76$0.22$1.21$0.99
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.79$0.77$0.23$0.42$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.60$0.57$0.11$0.65$0.54